Investors are Digesting These Energy Stock Earnings Insights

Diamondback Energy Inc (NASDAQ:FANG) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Revenue Rose 80.63% to $28.9 million from the year-earlier quarter.

reported adjusted EPS income of $0.12 per share. By that measure, the company missed the mean analyst estimate of $0.17. It missed the average revenue estimate of $32.97 million.